All posts in " minimum wage "
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Elizabeth Warren’s Insane Proposals

By admin / September 9, 2019

QUESTION: Mr. Armstrong, Elizabeth Warren’s proposal seems to lack any comprehension of the economic impact. She has said: “To put our economy — and our families — on firmer ground, it is essential to reduce household debt both by raising people’s wages and by bringing down their costs. That is the heart of her economic […]

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Department of Labor Changes Interpretation of Act to Raise Minimum Wages

By admin / June 15, 2016

The U.S. Department of Labor, acting on a directive of President Obama issued back in March 2014, has announced changes in the Fair Labor Standards Act (FLSA). Beginning this fall, the act will basically double the amount of money workers must make to be exempt from federal overtime pay requirements. Essentially, employees with gross salaries […]

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Innovation — Unemployment — Business Cycle

By admin / June 8, 2016

QUESTION: Hi Martin, Thank you for everything that you do. Comments have been made – to which you yourself have been alluding to for some time – that technology is replacing jobs at such a rapid rate, unemployment will be a major issue in the very near future.  However, these commentators conclude that this proves […]